The next macro event that will drive stocks? My bet is on announcements of new stimulus efforts from China
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
Is confidence creeping (slowly) back into China’s stock markets?
Speculation that financial authorities will use next week’s Golden Week holiday, when stock markets in China are closed, to announce a new stimulus plan for the country’s financial markets does, in the short term, explain the rally today and for this week
China’s stocks drop further on fears the stimulus isn’t very stimulating
For the day at least Chinese markets are trading on the pessimistic view continuing last week’s 4.6% drop. The Shanghai index is now down 9% for the year and prices are near 2009 lows.
Emerging market commodity stocks soar on Fed’s QE3–will the rally develop staying power?
Don’t just look at the amazing 2.9% gain in Hong Kong’s Hang Seng Index over night on the Federal Reserve’s announcement of a new program of quantitative easing. Look at what went up. The risk-on trade is clearly on, even within what is a risk-on category (Chinese stocks) to begin with.
Last central bank standing: Using the People’s Bank to guide your investing strategy in China
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...What will it take to turn pessimism around on China?
Incremental moves by the People’s Bank and China’s central government haven’t been enough to to convince investors that the growth slump in the Chinese economy is about to end
Current crisis exposes weakness in China’s economic system
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Tencent shows a Chinese Internet company can still grow profit
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...This morning bad news from China is bad news–does this signal a turn in sentiment?
I think it’s too early to call this a major change in market sentiment. After all, we’re at the end of an up week for most markets and a bit of selling before the weekend is certainly to be expected. But I’d certainly raise my warning flags a little higher up the staff
It looks like Home Inns and Hotels delivered enough to confound the sellers
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...More bad news is good news this morning–now from China
The bad news from China today has been enough to lift Chinese stocks—Hong Kong’s Hang Seng index closed up 1.1% on the news—but it hasn’t been bad/good enough to do the same for Europe. The French CAC 40 was up 0.54% today but the German DAX Index nudged into negative territory with a 0.02% drop. The Spanish IBEX 35 fell 056% and the Italian FTSE Milan Index was down 0.08%.
